JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Strategent Financial LLC

Strategent Financial LLC lessened its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 88.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,407 shares of the company’s stock after selling 330,349 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 1.5% of Strategent Financial LLC’s holdings, making the stock its 17th largest holding. Strategent Financial LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,247,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Lakeridge Wealth Management LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 4.5% during the fourth quarter. Lakeridge Wealth Management LLC now owns 4,770 shares of the company’s stock worth $241,000 after buying an additional 206 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 2.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 8,585 shares of the company’s stock valued at $434,000 after buying an additional 221 shares during the period. Lantern Wealth Advisors LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 5.0% during the third quarter. Lantern Wealth Advisors LLC now owns 4,721 shares of the company’s stock valued at $240,000 after buying an additional 226 shares during the period. Keel Point LLC boosted its position in JPMorgan Ultra-Short Income ETF by 1.4% during the second quarter. Keel Point LLC now owns 17,002 shares of the company’s stock worth $862,000 after acquiring an additional 239 shares during the last quarter. Finally, Atticus Wealth Management LLC boosted its position in JPMorgan Ultra-Short Income ETF by 3.2% during the fourth quarter. Atticus Wealth Management LLC now owns 7,897 shares of the company’s stock worth $399,000 after acquiring an additional 243 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock opened at $50.53 on Thursday. The company has a 50 day moving average price of $50.52 and a two-hundred day moving average price of $50.59. The stock has a market capitalization of $37.56 billion, a P/E ratio of 109.85 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a one year low of $50.41 and a one year high of $50.79.

JPMorgan Ultra-Short Income ETF Company Profile

The JPMorgan Ultra-Short Income ETF (JPST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated debt securities with an effective duration of one year or less. JPST was launched on May 17, 2017 and is managed by JPMorgan Chase.